Change in registration regime.692A

1

Where a company ceases to be a company to which section 690A applies and, immediately after ceasing to be such a company—

a

continues to have in Great Britain a place of business which it had immediately before ceasing to be such a company, and

b

does not have a branch in Northern Ireland,

it shall be treated for the purposes of section 691 as having established the place of business on the date when it ceased to be a company to which section 690A applies.

2

Where a limited company incorporated outside the United Kingdom and Gibraltar—

a

ceases to have a branch in Northern Ireland, and

b

both immediately before and immediately after ceasing to do so, has a place of business, but not a branch, in Great Britain,

it shall be treated for the purposes of section 691 as having established the place of business on the date when it ceased to have a branch in Northern Ireland.

3

Where a company—

a

becomes a company to which section 690A applies,

b

immediately after becoming such a company, has in a part of Great Britain an established place of business but no branch, and

c

immediately before becoming such a company, had an established place of business in that part,

sections 691 and 692 shall, in relation to that part, continue to apply to the company (notwithstanding section 690B) until such time as it gives notice to the registrar for that part that it is a company to which that section applies.

4

Schedule 21B to this Act (transitional provisions in relation to change in registration regime) shall have effect.